On October 30, Tyler rose 5.04% in regular trading, trading around $392.425, with turnover of $64.8376 million.
The move followed the company’s latest quarterly results, which showed adjusted EPS of $3.52, above the $3.48 market expectation and up from $2.97 a year earlier, while revenue rose to $647.6 million from $595.9 million but came in slightly below the $651.5 million consensus.
Tyler maintained its full-year adjusted EPS guidance at $12.95 to $13.20 and projected full-year revenue of $2.54 billion to $2.57 billion, with the midpoint broadly close to market expectations. Recent target price increases from Needham to $500 and TD Cowen to $450 also provided supporting context for sentiment toward the stock.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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